WAMF
Bencher
From the smelegraph.
AFTER becoming the first NRL club to embrace privatisation, Manly are slowly becoming a community asset once more.
In the past year the football/leagues club consortium has reclaimed 15 per cent of shares from majority owners Max Delmege and Scott Penn.
And this week's most recent purchase nudged the members' ownership beyond the 25 per cent mark.
"The aim is for all three to be 33 per cent equal partners and that will probably happen over the next 12 months," a Northern Beaches source told us.
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Well done to all concerned at the FC.
Please, if you are not yet a member of the FC, this is why you need to be.
AFTER becoming the first NRL club to embrace privatisation, Manly are slowly becoming a community asset once more.
In the past year the football/leagues club consortium has reclaimed 15 per cent of shares from majority owners Max Delmege and Scott Penn.
And this week's most recent purchase nudged the members' ownership beyond the 25 per cent mark.
"The aim is for all three to be 33 per cent equal partners and that will probably happen over the next 12 months," a Northern Beaches source told us.
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Well done to all concerned at the FC.
Please, if you are not yet a member of the FC, this is why you need to be.